Steps to Buying
From pre-approval to closing and everything in between, we know the importance of understanding the mortgage process. That’s why we’ve taken out the guesswork so you know what you can expect working with us. The result? Getting into your new home faster.
Purchase a new home
Whether it’s your first home or your second, buying a new home comes with a lot of different purchase loan options. Once you go over ours, we guarantee that you’ll find the loan that meets your needs with SouthPoint Home Mortgage.
Refinancing your current home
If you’re thinking about refinancing your current home, you came to the right place. Our Mortgage Loan Officers are expertly trained to help you determine which option will best fit your needs while saving you time and money.
What is an Escrow Account
An escrow account may be set up by your lender to collect and hold funds to pay certain property-related expenses. These expenses often include property taxes, homeowners’ insurance, flood insurance and private mortgage insurance (PMI). An escrow account is a convenient way to have SouthPoint Home Mortgage manage the payment of your tax and insurance bills for you.
You can find mortgage information and tips just about anywhere. With SouthPoint Home Mortgage, you can be sure that the information you’re reading has come from reliable, skilled professionals in the mortgage industry. Our Expert Tips share with you practical advice with real-world examples.
Unless you work with home loans every day, you can be forgiven if you don’t know every industry term or the entire loan process. To help, we’ve compiled a glossary of mortgage terms that you might hear during the mortgage loan process.